Forwarded from Law एमसी क्यूस📔 (BJ S)
Q.45 A prospectus issued in the form of advertisement must state:
Anonymous Quiz
5%
The amount of share capital of company
1%
The liability of members
6%
The objects for which the company has been formed
88%
All of the above
Forwarded from Law एमसी क्यूस📔 (BJ S)
Q.46 If a person makes multiple applications in different names; then which of the following statements are not true:
Anonymous Quiz
13%
Disgorged gain will be transferred to insolvency and bankruptcy fund
13%
court may also order disgorgement of gain
14%
above provision shall be prominently reproduced in prospectus.
60%
he shall be liable for action under section 447
Forwarded from Law एमसी क्यूस📔 (BJ S)
Q.47 A holder of depository receipts shall have right to vote:
Final Results
36%
only on resolutions directly affecting them
33%
no right to vote
15%
through overseas depository and in the proportion as already specified by company
16%
at par with other equity shareholders
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Forwarded from CA - Born To Fight [Since 2K16] (𝕷𝖊𝖌𝖊𝖓𝖉𝐉𝐢𝐠$🎻)
Mr. Arjun, aged 53 years, has a total income of Rs.51 lakhs for A.Y.2020-21. His total income comprises of
salary, income from house property and interest on savings bank account. His tax liability for A.Y.2020-21 would
be....
salary, income from house property and interest on savings bank account. His tax liability for A.Y.2020-21 would
be....
Anonymous Quiz
31%
₹ 13,96,200
18%
₹ 14,82,000
26%
₹ 15,35,820
25%
₹ 14,69,000
CA - Born To Fight [Since 2K16]
Mr. Arjun, aged 53 years, has a total income of Rs.51 lakhs for A.Y.2020-21. His total income comprises of
salary, income from house property and interest on savings bank account. His tax liability for A.Y.2020-21 would
be....
salary, income from house property and interest on savings bank account. His tax liability for A.Y.2020-21 would
be....
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Forwarded from CA - Born To Fight [Since 2K16] (𝕷𝖊𝖌𝖊𝖓𝖉𝐉𝐢𝐠$🎻)
Mr. Aarav gifted a house property valued at Rs.50 lakhs to his wife, Geetha, who in turn has gifted the same to
her daughter-in-law Deepa. The house was let out at Rs.25,000 per month throughout the P.Y.2019-20.
Compute income from house property for A.Y.2020-21. In whose hands is the income from house property
chargeable to tax???
her daughter-in-law Deepa. The house was let out at Rs.25,000 per month throughout the P.Y.2019-20.
Compute income from house property for A.Y.2020-21. In whose hands is the income from house property
chargeable to tax???
Forwarded from CA - Born To Fight [Since 2K16] (𝕷𝖊𝖌𝖊𝖓𝖉𝐉𝐢𝐠$🎻)
Forwarded from CA - Born To Fight [Since 2K16] (𝕷𝖊𝖌𝖊𝖓𝖉𝐉𝐢𝐠$🎻)
Rajan, a resident Indian, has incurred Rs.15,000 for medical treatment of his dependent brother, who is a person
with severe disability and has deposited Rs.20,000 with LIC for his maintenance. For A.Y.2020-21, Rajan would
be eligible for deduction under section 80DD of an amount equal to –
with severe disability and has deposited Rs.20,000 with LIC for his maintenance. For A.Y.2020-21, Rajan would
be eligible for deduction under section 80DD of an amount equal to –
Forwarded from CA - Born To Fight [Since 2K16] (𝕷𝖊𝖌𝖊𝖓𝖉𝐉𝐢𝐠$🎻)
Clarification on Doubts of Students regarding revision classes by Sachin Sir👇👇
Forwarded from ȶǟӼ ʊռʟɨʍɨȶɛɖ ʍƈզֆ (BJ S)
Q. 33 Ayushi(age 28) submits u the following income(AY 2020-21):
Salary income(computed)=6,00,000
IHP=3,00,000 Dividend(Domestic Co.)=14,00,000 Dividend(Foreign Co.)=2,00,000 Compute her tax.
Salary income(computed)=6,00,000
IHP=3,00,000 Dividend(Domestic Co.)=14,00,000 Dividend(Foreign Co.)=2,00,000 Compute her tax.
Anonymous Quiz
10%
1,35,200
27%
1,37,800
11%
1,24,800
52%
None